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In the 2000s, China's WTO entry constituted a major trade shock. In this paper, we analyze its eff ects on trade and value chains. The fragmentation of the global value chain makes it hard to disentangle who produces for whom. Value added trade contains this information. We build a multi-sector...
Persistent link: https://www.econbiz.de/10010485295
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fitted shares based on gravity estimation including pairwise fixed effects display similar performance in terms of robustness …
Persistent link: https://www.econbiz.de/10011992776
The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...
Persistent link: https://www.econbiz.de/10014225999
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...
Persistent link: https://www.econbiz.de/10014025382
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member countries is...
Persistent link: https://www.econbiz.de/10013162399
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012822504
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is...
Persistent link: https://www.econbiz.de/10014335080
We derive a novel estimation approach to quantify three-party relocation effects in a dyadic framework. Applied to the … our estimation approach from the structural gravity model of international trade, translating the triadic relationship … between a conflict country and an exporter-importer pair into an estimable dyadic relationship. Our estimation approach can be …
Persistent link: https://www.econbiz.de/10013167613
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